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The mkiv Supra Owners Club

Bank of England rates Mortage related


M4RK RZ

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I think I have the crown for the most boring post in 07 so far :D

 

Heading for a rise in the next year or a fall? im guessing a rise after an evening of research :rolleyes:

 

If there is anyone with some further mortage related info (works in the banking industry) take a sec to reply.

 

If not then a pure guess might work lol

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I'm thinking that the power handover in the labour government will result in a heavy swing back to the left. That will lead in the end to the same shit that them bunch of monkeys brought you last time they were in power. Actually its kind of amusing that flair bear has left now as he can blame the whole economic downfall of the country and the latest demise of the labour party on his successor with the age old line "it was Ok when I left it" :D

 

In summary yes the interest rate is gonna go up soon so I'd book me a long term fixed rate if I was you :D

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I'm thinking that the power handover in the labour government will result in a heavy swing back to the left. That will lead in the end to the same shit that them bunch of monkeys brought you last time they were in power.
You mean to the right, doncha?
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In summary yes the interest rate is gonna go up soon so I'd book me a long term fixed rate if I was you :D

 

Thats what I thought after looking at the BofE recent releases and conference write ups + the goverment + the trend in past rises and falls. there were point in the past where it reached rearly 18% !!! I admit were unlikley to see that now - but in relation to how much we earn now etc.. fixed term is the way to go. The banks have started pulling the cheap fix term deals and replacing them with worse ones.

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